Accellerate your cash flow
Finally... a real alternative to credit cards!
You can now accept checks on a website. Our system is a secure way to verify the check writer and move the money. No waiting for the mail and no "Card-not-present" Credit Card fees.
Integration is simple and inexpensive, as a fully "hosted'
service should be. Simply have your shopping cart point to our secure servers
to process the check payment - no Hassles, no expenses, no waiting!
- Online Check Acceptance
- Real-time Check Verification
- Decreased NSF checks costs
- No waiting for a mailed check
- No expensive credit card fees
In real time, usually under 10 seconds, our system:
- verifies the customer's account
- Checks for a history of writing bad checks
- Converts the check information to an EFT (Electronic Fund Transfer)
- You are notified electronically of all transactions processed the prior night. Checks returned NSF are noted within 48 hours and can be automatically represented.
- All reports are available online.
- The money transfers from the customer's account to the merchant's account, in 24-72 hours.
The details of the check process are below...read on.
Gateway Description:
Our Internet Check Gateway is powerful and yet easy to use and monitor. This
is the simple way to initiate an Internet Check Payment
Integrated Shopping Cart Form.
By adding a simple link to your web shopping carts, your customer's information
is passed to our online Gateway. When your customer elects to pay by Check,
our gateway provides an online check graphic to enter their bank account information.
All purchase information from your shopping cart is propagated to our server.
The consumer's banking and personal information is Verified. The payment is
then approved or declined, based on the customer's payment history and your
established Verification requirements.
The payment data is saved and processed the same day for next day debit from
the customer's account.
Virtual Terminal.
With our Virtual Terminal, your customer service representative is able to enter
information directly into our web payment site (using a secure login). The
check payment information is collected while the consumer is on the phone placing
an order, the same as with a credit card. This is useful for companies which
accept payments over the telephone, telemarketing firms, catalog companies,
collection agencies, etc. We even offer a U.S
Mail Mailing Service for Merchants that choose not to record telephone
authorizations from their customers. (Call for details) The payment data is
saved and processed the same day for next day debit from the customer's account.
Transaction Logging.
Our Secure Reporting Site is available to view the status of all payments, in
real time. As a registered Merchant, you can log in to view a detailed report
of your transactions and the status of each one. We offer a sophisticated querying
tool. This permits review of every payment status and a variety of details
such as date processed, date of debit, date funded, etc.
Recycle Management.
From the transaction log, Merchants can also resubmit NSF payments
(and others) at the touch of a button. Comments can be added for any transaction
to document any activity deemed necessary by the Merchant. All resubmissions
are linked to original payments to keep track of collection problems.
Data Downloads.
We provide an automatic download of transaction data, directly to your office
staff's computers. This is a powerful tool which allows merchants to post receivables
on their internal systems. The data is provided in a delimited text file and
can be saved in any location on the Merchant's computer or network. Data downloads
are selective based upon the input criteria entered by the Merchant at the
time of the download.
Printer Friendly Printing.
The transaction log can be viewed in a printer friendly format suitable for
printing on any printer directly from the Merchant's browser.
Automatic Email.
Merchant's profiles can be set up to send an email confirmation to the customer,
to the Merchant, or to both for all transactions.
Configurable Merchant Profile .
Each merchant will establish a profile on the system which maintains information
such as management and risk thresholds, verification scoring, and e-Check form
data elements. An account representative will assist each Merchant in carefully
developing an approval scoring system based on each of the Verification components.
The approval scoring system is designed to weight each component according
to each Merchant's needs.
